Standard Chartered Bank is in the process of establishing a Bitcoin and Ethereum trading platform

BroadChain Financial has learned that Standard Chartered Bank is reportedly setting up a Bitcoin and Ethereum trading desk, making it one of the first global banks to enter the spot cryptocurrency trading market. Two anonymous sources, who requested to remain unnamed due to discussing private information, revealed that the new cryptocurrency desk will soon be operational and will be part of Standard Chartered Bank’s foreign exchange trading division. According to one source, it will be based in London, UK.